Thomson Reuters acquires Tedesco Technology
Thomson Reuters, the world leader in intelligent information for businesses and professionals, announced the acquisition of Tedesco Technology, a leading provider of technology solutions for corporate legal departments and law firms in Brazil. Terms of the deal were not disclosed.
The Tedesco Technology, based in Sao Paulo and Porto Alegre office, serves an important customer base, including law firms, and domestic and international high level in over 30 countries.
The continued growth of the company is focused on providing licensing, support and software maintenance, project development and data center solutions that help manage workflow counsel, legal offices and relationships with external law firms.
Tedesco Technology's mission is to continue offering customized solutions to its existing customers, and increase their market penetration in Brazil and other countries of Latin America, as corporations in the region are becoming increasingly integrated and important in the global economy, increasing pressure in-house legal departments to manage the complexities and legal compliance.
"The acquisition of Tedesco Technology allows Thomson Reuters enter more intelligent workflow solutions for our customers," said Gonzalo Lissarrague, president of Latin America at Thomson Reuters. "This is a tremendous opportunity for us all. The addition of staff and technology solutions Tedesco brings talent, knowledge and skills essential for Thomson Reuters. "
The leadership team Tedesco Technology will continue to manage the business. "Our goal is to better meet the needs of our customers and offer them an unparalleled commitment to service excellence. We are excited about the opportunities that this acquisition represents for us, "said Marcelo Madalozzo, president of Technology Tedesco.
During the past year, Thomson Reuters has substantially expanded its presence in Latin America. In Brazil, Tedesco Technology complements the portfolio company's business already established as the Journal of the Courts, the Mastersaf & Software Alliance and Concept W.